Financing Description
Location: Manitoba
Amount Financed: >$250K
Type of Facility: SR&ED Financing
Days to Fund: 21
Use of Funds: After months of hard work the floodgates opened and multiple orders were received. The solution consisted of a combination of devices and software sold as a SaaS solution. The funds were used to deploy the solution, gain the confidence of the client and ramp up production.
Company Background: This organization provides airports around the world with data, customized reports, and real time information to help them operate more efficiently and expand their non-aero revenues.